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The Lasting Impact of Student Debt

1 Minute Read

Today, 69% of college graduates enter their first jobs with a median of $26,500 in student debt. This debt not only affects their decisions about rent, transportation, and daily expenses, but it also impacts planning for long-term goals. When paying down student debt is a priority, saving for retirement, a house, or children’s college costs gets pushed to the side and forgotten. How much of an impact does student loan debt have on life’s other major expenses? Let’s play the Game of Life and find out!